Question: Your answer is partially correct. Try again. Steering Retailers expects to make inventory purchases in the next quarter as follows: April May June $50,700 62,200

 Your answer is partially correct. Try again. Steering Retailers expects to

Your answer is partially correct. Try again. Steering Retailers expects to make inventory purchases in the next quarter as follows: April May June $50,700 62,200 88,400 Prior experience has shown that 70 percent of a month's purchases are paid in the month of purchase and 30 percent are paid in the month following purchase. March purchases were $43,000. Estimate cash disbursements related to purchases for April, May, and June. Cash disbursements for purchases April May June Payment of March purchases 47000 X X Payment of April purchases 45300 45300 X Payment of May purchases RADIO DOBLO 51500 51500 Payment of June purchases 42500 X 92300 96800 94000

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